Re: Extension of Payment Dates under Option Agreement Dated September 15, 2010Pengram Corp • March 15th, 2011 • Metal mining
Company FiledMarch 15th, 2011 IndustryThis will confirm our agreement that in consideration of your agreeing to accelerate the work program on the Clisbako Property by expending not less than $100,000 to complete a work program by December 31, 2010, we have agreed to extend the payments set out in paragraph 4(b) of the option agreement as follows: